Rockabill Development

Rockabill Development portfolio

$8.9 million* – walkup 60%, hotel 39%; Queens 60%, Manhattan 39%

2850th largest portfolio by dollar value

83,784 sqft – walkup 74%, hotel 25%;

2150th largest by SF

4 properties – Queens 75%, Manhattan 25%

1973th largest

167 residential units – Manhattan 56%, Queens 43%

1008th largest by residential units

Company Activity past 24 months:

Borrower company: 1 for $33.1 million

Top Ten Associated People:

Sharmi Sobhan (1)

Recent activity as company:

Rockabill Development borrowed $33.1 million from JPMorgan Chase for 235 West 107th Street, Upper West Side, Manhattan on March 20, 2023.

Rockabill Development borrowed $15.9 million from Enterprise Community Partners for 235 West 107th Street, the Upper West Side, Manhattan on June 29, 2021.

Rockabill Development borrowed $21.6 million from NYC Housing Development Corporation for 71-27 65 Street, 71-21 65 Street, 71-15 65 Street, Glendale, Queens on July 18, 2019.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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